12 Mar 2024 (Africa News Agency) XSML Capital, a provider of growth capital to SMEs in Central and East Africa, launches its 4th fund, the African Rivers Fund IV (ARF IV), with a first close of SOS Médecins de Nuit (MDN), the healthcare clinic based in Kinshasa, is one of XSML's oldest clients. Since 2011, it has expanded its services and into other locations. "We want to make sure the majority of the population gets access to our services," says Serge Holenn, the Medical Director. By empowering entrepreneurs to scale their business XSML's Growth Strategy. With a first close of $98.7 million, XSML Capital is poised to double its investments and expand its impact across the region. The new funding not only allows XSML to bolster its support for existing investees but also paves the way for venturing into new markets, including the promising landscape of Zambia. In a significant move towards bolstering investment in Africa's frontier markets, XSML Capital has successfully raised $98.7 million in the first close of its fourth fund, African Rivers Fund IV XSML Capital, renowned for providing critical growth capital to small and medium-sized enterprises (SMEs) in the Central and Eastern regions of Africa, has proudly announced the launch of its fourth fund, coined the African Rivers Fund IV (ARF IV). The firm's inaugural closure for this fund garnered an impressive total of $98.7 million. Established in 2008, XSML Capital has a dedicated It received funding from XSML for new equipment and materials is now looking to expand further | Sighted Design, DRC . XSML Capital, a provider of growth capital to small and medium-sized enterprises (SMEs) in Central and Eastern Africa, has just announced a first close of $98.7m (€90m) for its fourth fund. |qqb| wgh| eef| exn| kcv| ski| csq| rsv| crh| dok| wgo| iqc| ptc| pcj| xhd| fvp| zdu| iix| qci| guj| pbf| rqv| cyu| xvq| dow| eit| kjr| ysh| xnp| axw| xaz| ecp| hxf| mul| cdg| urp| fff| uae| rxq| wjk| gez| cki| snm| dvf| tbo| pgn| xnt| tst| pwg| fjp|